United States & Macquarie Group

United States: The United States is a key party in the ceasefire negotiations with Iran and Israel, and its disagreements are contributing to market instability and higher oil prices.

Macquarie Group: Strategists at Macquarie Group, led by Thierry Wizman, provided analysis on the sustained upward pressure on oil prices.

United States: The United States is involved in peace talks with Iran and Israel, and its naval blockade is a point of contention. The US also imposed sanctions on entities facilitating Iranian oil shipments to China.

Macquarie Group: Walt Chancellor, an energy strategist at Macquarie Group, commented on the strong net waterborne export flows for crude and products.

Macquarie Group: Macquarie Group provided $150 million in financing to Mesabi Metallics Company, extending its longstanding relationship with Essar Group and supporting a strategically important project for the U.S. steel sector.

Macquarie Group: Strategists at Macquarie Group predict oil prices could reach $200 per barrel if the war continues until the end of June.

Macquarie Group: Macquarie Group analysts provided a warning about potential oil price increases due to the ongoing conflict.